More Good News for Vistaprint's Possible Lexington Expansion
Already supported by the town’s TIF approval, the Vistaprint expansion project was one of 17 approved for participation in the state Economic Assistance Coordinating Council’s Economic Development Incentive Program.
More good news for Vistaprint as the international company considers expanding its Lexington operation. Earlier this month, the state’s Economic Assistance Coordinating Council approved the project – which would expand Vistaprint’s North American headquarters at the Ledgemont campus on Hayden Avenue in Lexington – for participation in its Economic Development Incentive Program. That approval would mean $360,000 in EDIP investment tax credits for the project, according to a press release. Prior to that news from the state, a special Town Meeting here in Lexington approved a tax increment financing agreement that would provide 13 years of tax relief for the company. Supporters of the TIF, worth about $1.2 million to Vistaprint, viewed the…
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